Business Segments and Geographic Areas (Tables)

12 Months Ended

Dec. 31, 2012

Revenues by Country Based on Sales Destination of the Use of the Products or Services

The following table presents consolidated revenues by country based on sales destination of the use of the products or services (in millions):


	Years Ended December 31,
	2012		2011		2010
United States	$	8,297	$	5,449	$	4,104
South Korea		3,121		2,257		2,616
Canada		1,319		913		656
Singapore		1,118		721		491
Norway		736		689		495
China		533		430		366
United Kingdom		523		465		421
Brazil		503		397		262
Other Countries		3,891		3,337		2,745

Total	$	20,041	$	14,658	$	12,156

Long-Lived Assets by Country Based on the Location

The following table presents long-lived assets by country based on the location (in millions):


	December 31,
	2012		2011
United States	$	1,606	$	1,493
Denmark		174		3
United Kingdom		173		131
Brazil		162		92
Canada		131		113
South Korea		112		97
Singapore		93		86
Other Countries		494		430

Total	$	2,945	$	2,445

Business Segments

Business Segments:


	Rig Technology		Petroleum Services & Supplies		Distribution & Transmission		Unallocated/ Eliminations			Total
December 31, 2012:
Revenues	$	10,107	$	6,967	$	3,927	$	(960	)	$	20,041
Operating profit (1)		2,335		1,501		185		(464	)		3,557
Capital expenditures		150		310		64		59			583
Depreciation and amortization		148		424		25		31			628
Goodwill		2,386		4,333		453		—			7,172
Total assets		11,758		13,463		2,784		3,479			31,484
December 31, 2011:
Revenues	$	7,788	$	5,654	$	1,873	$	(657	)	$	14,658
Operating profit (1)		2,053		1,072		135		(323	)		2,937
Capital expenditures		125		299		17		42			483
Depreciation and amortization		120		397		14		24			555
Goodwill		1,959		4,089		103		—			6,151
Total assets		8,375		13,019		1,420		2,701			25,515
December 31, 2010:
Revenues	$	6,965	$	4,182	$	1,546	$	(537	)	$	12,156
Operating profit (1)		2,064		585		78		(280	)		2,447
Capital expenditures		59		152		2		19			232
Depreciation and amortization		95		384		7		21			507
Goodwill		1,854		3,859		77		—			5,790
Total assets		7,778		11,807		923		2,542			23,050

(1)	Included in operating profit are other costs related to acquisitions, such as the amortization of backlog and inventory that was stepped up to fair value during purchase accounting. Other costs by segment are as follows (in millions):

Other Costs by Segment


	Years Ended December 31,
	2012		2011		2010
Other costs:
Rig Technology	$	45	$	17	$	8
Petroleum Services & Supplies		18		23		9
Distribution & Transmission		68		1		1

Total other costs	$	131	$	41	$	18

- Definition

Tabular disclosure of the names of foreign countries from which revenue is material and the amount of revenue from external customers attributed to those countries. An entity may also provide subtotals of geographic information about groups of countries.

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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